Motley Fool

Is Ambarella Stock a Buy?

Share prices of Ambarella (NASDAQ: AMBA) hit an all-time high after the chipmaker posted its second-quarter earnings on Aug. 31. Ambarella might be a lesser-known chipmaker, but its stock has rallied more than 120% over the past 12 months. Its image-processing SoCs process photos and videos for cameras, drones, and other gadgets, while its computer vision chips help security cameras identify faces, help driverless vehicles avoid obstacles, and enable other devices to process AI-related tasks.

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